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Author Topic: newbies since 2017 bullrun needs to learn  (Read 552 times)
HappyCaptain
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February 18, 2019, 07:13:12 PM
 #61

After the last bullrun many people have storm this forum looking for a way to get rich quick with zero knowledge of how cryptocurrency actually works if you are one of these people please start from scratch and learn how cryptocurrency really works,the people that joined the crypto train since last bullrun are the ones giving the scammers more courage to create scam projects because of the assurance of making huge money ,if no one invest in scam projects anymore scammers will find there way ,REMEMBER THAT BEFORE THE BULLRUN MANY PEOPLE ARE ALREADY IN CRYPTO WORLD ,INVESTING ,ADOPTING AND LEARNING ,THEY KEPT CRYPTOCURRENCY ALIVE TILL DATE ,THEY CARE MORE ABOUT ITS SURVIVAL NOT QUICK PROFITS,WE SHOULD BE ABLE TO PUT SCAMMERS TO SHAME AND IT CANT BE DONE IF WE ARE BLINDLY INVESTING IN THEM.

That's a good point of view and I fully share it. But you know it's very hard sometimes to determine whether the project is a scam or not. During these last few years scammers have learnt how to act and what to do in order to deceive even professional investors. Let alone the newbies...That's why we need to get experience and skill to avoid such scam stories and leave them behind.

there are still a lot of people who don't know what cryptocurrency is or how to use it and they are the main target of those scammers who have been a virus in this space. it will take some time for the mass adoption but hopefully all scammers has been caught by that time.
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February 18, 2019, 07:18:38 PM
 #62

After the last bullrun many people have storm this forum looking for a way to get rich quick with zero knowledge of how cryptocurrency actually works if you are one of these people please start from scratch and learn how cryptocurrency really works,the people that joined the crypto train since last bullrun are the ones giving the scammers more courage to create scam projects because of the assurance of making huge money ,if no one invest in scam projects anymore scammers will find there way ,REMEMBER THAT BEFORE THE BULLRUN MANY PEOPLE ARE ALREADY IN CRYPTO WORLD ,INVESTING ,ADOPTING AND LEARNING ,THEY KEPT CRYPTOCURRENCY ALIVE TILL DATE ,THEY CARE MORE ABOUT ITS SURVIVAL NOT QUICK PROFITS,WE SHOULD BE ABLE TO PUT SCAMMERS TO SHAME AND IT CANT BE DONE IF WE ARE BLINDLY INVESTING IN THEM.

That's a good point of view and I fully share it. But you know it's very hard sometimes to determine whether the project is a scam or not. During these last few years scammers have learnt how to act and what to do in order to deceive even professional investors. Let alone the newbies...That's why we need to get experience and skill to avoid such scam stories and leave them behind.

there are still a lot of people who don't know what cryptocurrency is or how to use it and they are the main target of those scammers who have been a virus in this space. it will take some time for the mass adoption but hopefully all scammers has been caught by that time.

I think that relates to not only cryptocurrency. In traditional trading actives the situation is practically similar: fake forex brokers, invest funds etc.
So being careful when choose the investment active. Collect more info, reviews and study the technology

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February 18, 2019, 07:23:50 PM
 #63

Now people has enough knowledge how to work and move about Cryptocurrency. Some are don't know, they are still worry and confusion to invest in Crypto.
This is true as a lot of persons still don't have direct knowledge on how the Cryptocurrency Space is being run. We were made to become holders because of the situation we found ourselves. This made many of us to become holders of some altcoins which later became a problem to us because on daily basis new altcoins are being added to the coinmarketcap. We learnt the hard way though

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February 18, 2019, 11:43:56 PM
 #64

Many people become victims of the 2017 bull run and the hype we had that time. It seemed easy to get rich, but then we faced the bearish market and the reality. I think many of those have already left the market, but those who stayed they become more cautious and experienced enough to avoid the mistakes they made and not repeat them.

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February 18, 2019, 11:52:24 PM
 #65

Yes you are right. The incidents of new fake ICOs cheating investors and bounty hunters are rampant, and it seems it is unstoppable. So we investors and bounty hunters are those who are directly affected by such fake ICOs. So we must do something to prevent such malpractices from further doing harm. I think strict regulations are very much effective ways in this regard.
It is already there, we cannot stop them anymore. Eventhough there is a strict regulation in cryptocurrency, fake ICO still pass. Why? Because they can fake their documents at all. Maybe, there is no distinction in cryptocurrency specially to the fraud ICO but as an investor we should know their identity. I think having an identity of developers that we can see lively may help us to prove that they are true and serious with their projects.

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February 18, 2019, 11:54:02 PM
 #66

I am one of the people who have experienced bullish euphoria in 2017. Even though I knew crypto in 2014, I felt I learned and continued to adapt to crypto mining, I had to do it to launch trading coin activities. Learn from experience. Because experience is the best teacher.
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March 02, 2019, 03:37:20 PM
 #67

Right you are! And besides, we should be careful with those who shout about getting easy coin with no effort whatsoever. They are two-faced scammers and they make bad name for all crypto society

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March 02, 2019, 03:43:34 PM
 #68

Cryptocurrencies have better fundamentals than anytime before. For the first time in cryptocurrency history we see that banks and big companies are joining cryptocurrency world and they are fascinated about the blockchain technology!

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March 02, 2019, 03:51:31 PM
 #69

Right you are! And besides, we should be careful with those who shout about getting easy coin with no effort whatsoever. They are two-faced scammers and they make bad name for all crypto society
Indeed, the learnings that those newbies was taking so long since the market needed to recover back. Because of their rush actions, they tend to hold their funds instead of the expectations that they'll be able to sell at shorter terms due to attracted with bull run of 2017. It made me recall my friend whose selling tokens nearly worth $18k-$19k worth of btc, ended lesser than that amount when he panicked during successive down trend of btc market. He learned a big lesson from that scenario.
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March 02, 2019, 03:58:22 PM
 #70

After the last bullrun many people have storm this forum looking for a way to get rich quick with zero knowledge of how cryptocurrency actually works if you are one of these people please start from scratch and learn how cryptocurrency really works,the people that joined the crypto train since last bullrun are the ones giving the scammers more courage to create scam projects because of the assurance of making huge money ,if no one invest in scam projects anymore scammers will find there way ,REMEMBER THAT BEFORE THE BULLRUN MANY PEOPLE ARE ALREADY IN CRYPTO WORLD ,INVESTING ,ADOPTING AND LEARNING ,THEY KEPT CRYPTOCURRENCY ALIVE TILL DATE ,THEY CARE MORE ABOUT ITS SURVIVAL NOT QUICK PROFITS,WE SHOULD BE ABLE TO PUT SCAMMERS TO SHAME AND IT CANT BE DONE IF WE ARE BLINDLY INVESTING IN THEM.

In 2017, I think that all the users who started to trade in this market and got the loss came to the point they deserve, because the investors who started to trade and invest in this period entered the market with insufficient information. Those individuals who wanted to make money by the easy way have suffered serious losses and they also learned indirectly that they would not earn money. Due to the rise of this period, users who have entered the market without any knowledge and experience have learned something due to the recent decreases. Of course this situation is late, we can be sure that these individuals have current knowledge that they would not invest in this way.

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March 02, 2019, 04:10:13 PM
 #71

before investing in the world of crypto people must have the necessary knowledge, know what it is, then read, study so much on the subject, we have to be careful before investing or making a bounty on the icos in recent times there have been many scams
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March 02, 2019, 04:40:52 PM
 #72

These scammers are also coming out quickly.

Feeling sorry for those who have been victimized by these scam projects but it's for all, even in real world investments there are people who aren't aware of what they are investing and becomes a victim of it.


It's only the matter of time when will they get back here. As soon as bulls come fraudulent activities will get back with a new strength. Victims are punished for their greedy decisions, so in some angle it's even honest.
But remember the more people will have learned from the past and they will know how to choose a good project. it looks so stupid to determine if they are not learning from the past exparience of crypto.
Learning will be never finish in the cryptocurrency market because very experienced people still making big mistakes and after that regret for that. But in 2017 was big learning year and we have to lesson from this year. Who guys holding everything for future those are now frustrated.

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March 03, 2019, 01:43:15 PM
 #73

After the last bullrun many people have storm this forum looking for a way to get rich quick with zero knowledge of how cryptocurrency actually works if you are one of these people please start from scratch and learn how cryptocurrency really works,the people that joined the crypto train since last bullrun are the ones giving the scammers more courage to create scam projects because of the assurance of making huge money ,if no one invest in scam projects anymore scammers will find there way ,REMEMBER THAT BEFORE THE BULLRUN MANY PEOPLE ARE ALREADY IN CRYPTO WORLD ,INVESTING ,ADOPTING AND LEARNING ,THEY KEPT CRYPTOCURRENCY ALIVE TILL DATE ,THEY CARE MORE ABOUT ITS SURVIVAL NOT QUICK PROFITS,WE SHOULD BE ABLE TO PUT SCAMMERS TO SHAME AND IT CANT BE DONE IF WE ARE BLINDLY INVESTING IN THEM.

I think it's not so simple as you imagine. If you remove scammers and add more regulation and government control in crypto sphere, the opportunities to get rich fast here will vanish and the situation will be similar to stock market here.

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March 03, 2019, 02:36:22 PM
 #74

After the last bullrun many people have storm this forum looking for a way to get rich quick with zero knowledge of how cryptocurrency actually works if you are one of these people please start from scratch and learn how cryptocurrency really works,the people that joined the crypto train since last bullrun are the ones giving the scammers more courage to create scam projects because of the assurance of making huge money ,if no one invest in scam projects anymore scammers will find there way ,REMEMBER THAT BEFORE THE BULLRUN MANY PEOPLE ARE ALREADY IN CRYPTO WORLD ,INVESTING ,ADOPTING AND LEARNING ,THEY KEPT CRYPTOCURRENCY ALIVE TILL DATE ,THEY CARE MORE ABOUT ITS SURVIVAL NOT QUICK PROFITS,WE SHOULD BE ABLE TO PUT SCAMMERS TO SHAME AND IT CANT BE DONE IF WE ARE BLINDLY INVESTING IN THEM.

I think it's not so simple as you imagine. If you remove scammers and add more regulation and government control in crypto sphere, the opportunities to get rich fast here will vanish and the situation will be similar to stock market here.
Totally, in 2017 the bitcoin entered into an uptrend, it was very easy to win, because the altcoins were also rising, now we are in an accumulation phase, where we must operate with care, it is a phase where we must accumulate a lot, maintaining is the key.

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March 03, 2019, 02:45:46 PM
 #75

After the last bullrun many people have storm this forum looking for a way to get rich quick with zero knowledge of how cryptocurrency actually works if you are one of these people please start from scratch and learn how cryptocurrency really works,the people that joined the crypto train since last bullrun are the ones giving the scammers more courage to create scam projects because of the assurance of making huge money ,if no one invest in scam projects anymore scammers will find there way ,REMEMBER THAT BEFORE THE BULLRUN MANY PEOPLE ARE ALREADY IN CRYPTO WORLD ,INVESTING ,ADOPTING AND LEARNING ,THEY KEPT CRYPTOCURRENCY ALIVE TILL DATE ,THEY CARE MORE ABOUT ITS SURVIVAL NOT QUICK PROFITS,WE SHOULD BE ABLE TO PUT SCAMMERS TO SHAME AND IT CANT BE DONE IF WE ARE BLINDLY INVESTING IN THEM.

That is true. If cryptocurrency was not adopted by peoples in the first place, there wouldn't be any bull run in 2017.
There were already many peoples using bitcoin and other altcoins as a payment currency.
We must make it happening in the future, so the value of cryptocurrency won't falling anymore.

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March 03, 2019, 02:52:38 PM
 #76

Yes you are right. The incidents of new fake ICOs cheating investors and bounty hunters are rampant, and it seems it is unstoppable. So we investors and bounty hunters are those who are directly affected by such fake ICOs. So we must do something to prevent such malpractices from further doing harm. I think strict regulations are very much effective ways in this regard.
It is already there, we cannot stop them anymore. Eventhough there is a strict regulation in cryptocurrency, fake ICO still pass. Why? Because they can fake their documents at all. Maybe, there is no distinction in cryptocurrency specially to the fraud ICO but as an investor we should know their identity. I think having an identity of developers that we can see lively may help us to prove that they are true and serious with their projects.

And money talks. There are services out there who can help you legitimize your ICO as long as you do have the money to start with, maybe collected from your early investors. Once these 3rd party service providers promoted your ICO, it will all look legit convincing the newbies and the experienced ones to join in and invest in your newly created token.
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March 03, 2019, 02:54:15 PM
 #77

before investing in the world of crypto people must have the necessary knowledge, know what it is, then read, study so much on the subject, we have to be careful before investing or making a bounty on the icos in recent times there have been many scams

That's right. But the problem is that 2017 was really a bull-run. There's a lot of money flowing, even a simply airdrop will yield good dividends that's why noobs thought that crypto market is very easy and it doesn't have to have a knowledge to make a lot of money here.

But 2018 was very different, gone are the days wherein joining bounties will get you dividends are the ICO. Projects have been holding, because they're afraid that the price of their tokens will go down because of the hunters mindset to dump it as soon as they got their rewards.

So there's a lot of lessons to be learn in the bear market and I do hope that they learn it by heart so that they will know how to react in the future.

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March 03, 2019, 02:56:32 PM
 #78

Very few persons are only blindly giving out money to scammers. Otherwise, everyone else do some research before investing their money. We also have some members who are researching about ICO everyday and busting the scam.

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March 03, 2019, 03:28:16 PM
 #79

I think that this concerns not only new participants, this concerns all participants, because today the market is changing its rules and many participants simply cannot take part correctly in STO or in ICO. Remember how everything was easy before. Now everything is very difficult.
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March 03, 2019, 03:35:13 PM
 #80

Now what all bounty hunters feel is not easy to make a profit. Especially now there are many ICO frauds. They offer wealth, but after we invest they disappear. This is what makes many people give up. And do research before you make a decision.
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